New homes could boost the property market
The environmental benefits of new properties, as well as the fact
that they require less fixes and repairs could see them help boost
the property market.
In the budget last month, chancellor George Osborne pledged
£150 million to help with house building to improve the stock
in the UK.
And now Steve Turner, head of communications at the Home Builders
Federation (HBF), said that more people could be looking to
purchase new properties because of the benefits they offer, despite
a bigger initial outlay.
"New-build properties have always been a very attractive
proposition. There are a lot of benefits in terms of them being a
lot more environmentally friendly, they are cheaper to run and they
don't require any DIY. There are a lot of benefits to new-build
homes and developers are working hard to find ways to allow
customers to buy," he said.
Mr Turner also said that a number of new schemes would help people
see the homes as more viable.